There are many reasons why England was the first nation to industrialize. First, the political situation in England was conducive to the Industrial Revolution because the government practiced laissez-faire capitalism. This meant that the government allowed private investors with capital to develop private industry. In addition, England had the type of geography that was conducive to industrialization, as there were ample rivers to transport manufactured goods. In addition, goods produced in the small island nation were easy to ship, and England had a large shipbuilding industry that could transport goods abroad. Finally, England's large empire allowed the country to import raw materials from its colonies, such as sugar from the West Indies, timber from North America, and cotton from India. In addition, England's colonies produced them with huge markets for its manufactured goods.